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Hannah Keefer is a sales manager for a company that sells office equipment to retail stores in Ontario. She is responsible for five salespeople who report directly to her. Which of the following principles explains her relationship to these five people?
Raw Materials Quantity
The amount or volume of raw materials required or used in the production process, often measured to assess inventory needs and costs.
Variance
The difference between planned or expected performance and the actual outcome.
Occupancy Expenses
Expenses associated with the use of a physical location, including lease payments, utility bills, and taxes on the property.
Spending Variance
The difference between the actual amount spent and the budgeted amount planned to be spent in a given period.
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